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11.12.2020 – 07:30

Wienerberger AG

EANS-News: Wienerberger: 2020 earnings will be better than expected

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  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is responsible for the content of this announcement.
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Financial Figures/Balance Sheet

Vienna - December 11,2020


* 2020 EBITDA LFL anticipated to reach EUR ~545 million (previously EUR 480-500
  million), reflecting a stronger than expected performance throughout the
  fourth quarter
* Solid financial basis permits continuous growth through M&A

Despite renewed lockdowns and the prevailing market uncertainty, Wienerberger's
fourth quarter earnings at Group level have been highly satisfactory to date.
Wienerberger benefited from its high-value product portfolio in diversified end
markets, continued operational excellence measures as well as mild weather
conditions in October and November. Given this strong performance, Wienerberger
once again increases its guidance for the business year 2020. EBITDA LFL is
expected to reach EUR ~545 million, exceeding the previous EBITDA target of EUR
480-500 million.

Heimo Scheuch, Chairman of the Managing Board of the Wienerberger Group,
comments: "Despite renewed uncertainty in the markets following the recent
corona lockdowns, our performance has been better than expected. This has been
made possible by our continuous operational excellence efforts which progressed
faster than anticipated and mild weather conditions which kept construction
activities up and running." Wienerberger will therefore continue to implement
its operational excellence measures and the announced investments in innovation,
digitalization and sustainability as planned. "This is how we create the
prerequisites for further growth in 2021. We are well positioned for the year
ahead, which will continue to be marked by Covid in the first half. However,
Wienerberger will make every effort to deliver earnings close to pre-crisis
levels in 2021", adds Scheuch.

Strong basis for growth through M&A
Wienerberger is planning further value-accretive acquisitions and has identified
potentials for next growth steps. The clear objective being to deepen the value
generation within the company, to increase Wienerberger's share in the entire
building envelope, and to become a one-stop system provider for water and energy
management infrastructure. In pursuing this goal, the Group intends to further
consolidate its leading market position, boost its effectiveness in placing
innovations on the market, and steadily increase its profitability.

"During the crisis, we have gained in strength and successfully mastered the
challenges confronting us. We have thus built a strong foundation and are now
perfectly positioned to grow both organically and through acquisitions. Acting
from this position of strength, we will be an active player in the continued
consolidation of our industry and further advance in our pioneering role as a
supplier of sustainable and smart solutions for the construction and
infrastructure industry", says Heimo Scheuch in conclusion.


Wienerberger Group
The Wienerberger Group is a leading international provider of smart solutions
for the entire building envelope and for infrastructure. Wienerberger is the
world's largest producer of bricks (Porotherm, Terca) and the market leader in
clay roof tiles (Koramic, Tondach) in Europe as well as concrete pavers
(Semmelrock) in Eastern Europe. In pipe systems (Steinzeug-Keramo ceramic pipes
and Pipelife plastic pipes), the company is one of the leading suppliers in
Europe. With its total of 201 production sites, the Wienerberger Group generated
revenues of EUR 3.5 billion and EBITDA LFL of EUR 587 million in 2019.

Wienerberger AG is a pure free float company, whereby the majority of shares are
held by Austrian and international institutional investors. Additional
information on the shareholder structure is provided under https://
wienerberger.com/en/investors/share [https://wienerberger.com/en/investors/
share%20]



Further inquiry note:
Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG
t +43 664 828 31 83 | claudia.hajdinyak@wienerberger.com

Anna Maria Grausgruber, Head of Investor Relations Wienerberger AG
t +43 1 601 92 - 10221 | investor@wienerberger.com


end of announcement                         euro adhoc
-------------------------------------------------------------------------------- 
issuer:       Wienerberger AG
              Wienerbergerplatz 1
              A-1100 Wien
phone:        +43 1 60 192-0
FAX:          +43 1 60 192-10159
mail:      office@wienerberger.com
WWW:       www.wienerberger.com
ISIN:         AT0000831706, AT0000A2GLA0
indexes:      ATX
stockmarkets: Wien
language:     English